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Carters vs Miniso Group Holding

Carters and Miniso Group Holding are similar in size: $2.90bn and $2.98bn of revenue in their latest fiscal years. Miniso Group Holding grew faster (26.3% against 1.9%). Miniso Group Holding kept more of each dollar of sales as profit: a net margin of 5.6% against 3.2%. Carters carries less debt relative to equity (62.2% against 67.5%).

Latest fiscal yearCartersCRI, 2025Miniso Group HoldingMNSO, 2025
Revenue $2.90bn $2.98bn
Revenue growth 1.9% 26.3%
Net income $91.8m $168m
Operating margin 5.0% 15.4%
Net margin 3.2% 5.6%
Return on equity 10.3% 11.4%
Free cash flow $68.6m —
Cash $487m $975m
Total debt $575m $1.02bn
Debt to equity 62.2% 67.5%
Dividend per share $1.55 —
Dividend yield 3.1% —
Share buybacks $0 $74.5m
Employees 15,400 —
Market value $1.14bn $3.15bn
Price vs our value range Below our value range Below our value range
Moat score 69 (Moderate) —
Insider trades, 12 months 0 buys, 0 sales 7 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.